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Job growth down 50% | Baltimore earns $403M from opioid lawsuits | Nurse replaces fentanyl with saline | more

News You Need to Know Today
Job growth down 50% | Baltimore earns $403M from opioid lawsuits | Nurse replaces fentanyl with saline | more
Wednesday, September 11, 2024
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Today's News and Trends

Healthcare job growth slowing, down nearly 50% on the year

There were 31,000 new healthcare jobs added in August, a downward trend from the 60,000 average over the last 12 months.

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Healthcare systems set up at the ACC.24 career fair in hopes of filling open positions, including a large and growing number of general cardiologist positions. Photo by Dave Fornell #ACC24 #ACC2024
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Healthcare job growth slowing, down nearly 50% on the year

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Healthcare systems set up at the ACC.24 career fair in hopes of filling open positions, including a large and growing number of general cardiologist positions. Photo by Dave Fornell #ACC24 #ACC2024
There were 31,000 new healthcare jobs added in August, a downward trend from the 60,000 average over the last 12 months.
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Walgreens settles opioid case with Baltimore; three lawsuits still pending

Baltimore sued eight companies that it claimed profited off the city’s opioid epidemic. To date, the government has received $402.5 million in settlements. 

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Vintage neon drug sign at the Walgreens pharmacy on Canal Street in downtown New Orleans.
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Walgreens settles opioid case with Baltimore; three lawsuits still pending

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Vintage neon drug sign at the Walgreens pharmacy on Canal Street in downtown New Orleans.
Baltimore sued eight companies that it claimed profited off the city’s opioid epidemic. To date, the government has received $402.5 million in settlements. 
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Yale settles lawsuit over nurse replacing fentanyl with saline

A group of 95 women sued the university’s fertility clinic for failing to secure controlled substances, resulting in them having to endure egg extractions without pain relief. 

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Yale settles lawsuit over nurse replacing fentanyl with saline

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A group of 95 women sued the university’s fertility clinic for failing to secure controlled substances, resulting in them having to endure egg extractions without pain relief. 
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Biden administration aims to improve prior authorizations for mental health services

Announced Monday, modifications to the Mental Health Parity and Addiction Equity Act would close loopholes that limit patient access to mental health and addiction treatments.

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Mental Health
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Biden administration aims to improve prior authorizations for mental health services

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Mental Health
Announced Monday, modifications to the Mental Health Parity and Addiction Equity Act would close loopholes that limit patient access to mental health and addiction treatments.
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Featured Articles

Another 947K patient records found to be leaked in MOVEit breach

The Centers for Medicare & Medicaid Services (CMS) and Wisconsin Physicians Service Insurance Corporation are sending notices to impacted patients. The data was leaked as a result of the May 2023 MOVEit exploit. 

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Another 947K patient records found to be leaked in MOVEit breach

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The Centers for Medicare & Medicaid Services (CMS) and Wisconsin Physicians Service Insurance Corporation are sending notices to impacted patients. The data was leaked as a result of the May 2023 MOVEit exploit. 
READ MORE >

Whistleblower claims executives at Steward Health Care bragged about illegal bribes

In a complaint submitted to Congress, a healthcare executive in Malta is making serious accusations against Steward CEO Ralph de la Torre.

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Stock image of an illegal bribe.
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Whistleblower claims executives at Steward Health Care bragged about illegal bribes

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Stock image of an illegal bribe.
In a complaint submitted to Congress, a healthcare executive in Malta is making serious accusations against Steward CEO Ralph de la Torre.
READ MORE >

Lawyer: Immigration policy reforms would address healthcare staffing shortages

Kathleen Campbell Walker, JD, immigration practice group chair at the law firm Dickinson Wright, explains how outdated immigration policy is exacerbating the healthcare staffing shortage.
 

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Lawyer: Immigration policy reforms would address healthcare staffing shortages

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Kathleen Campbell Walker, JD, immigration practice group chair at the law firm Dickinson Wright, explains how outdated immigration policy is exacerbating the healthcare staffing shortage. 
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Rite Aid emerges from bankruptcy with $2.5B in new financing

The pharmacy chain is now a leaner private company, having dropped $2 billion in outstanding debts. 

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Rite Aid closing stores bankruptcy
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Rite Aid emerges from bankruptcy with $2.5B in new financing

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Rite Aid closing stores bankruptcy
The pharmacy chain is now a leaner private company, having dropped $2 billion in outstanding debts. 
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In Case You Missed It

Johns Hopkins, CareFirst partner with venture capital for ‘AI accelerator’ program

The 13-week course will be held in Baltimore sometime in March 2025. Healthcare AI startups have until Nov. 20 to apply.

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artificial intelligence AI money brain dollar
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Johns Hopkins, CareFirst partner with venture capital for ‘AI accelerator’ program

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artificial intelligence AI money brain dollar
The 13-week course will be held in Baltimore sometime in March 2025. Healthcare AI startups have until Nov. 20 to apply.
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McKesson buys $2.5B stake in physician-owned oncology network

The company has entered into a definitive agreement to purchase Core Ventures, resulting in the Florida Cancer Specialists & Research Institute aligning with its oncology network.

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merger acquisition handshake deal business agreement partnership
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McKesson buys $2.5B stake in physician-owned oncology network

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merger acquisition handshake deal business agreement partnership
The company has entered into a definitive agreement to purchase Core Ventures, resulting in the Florida Cancer Specialists & Research Institute aligning with its oncology network.
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In Other News

Radiologists speak during Capitol Hill briefing on key breast imaging legislation

U.S. Rep. Rosa DeLauro, D-Conn., convened the hearing a day before new FDA breast density notification requirements were set to go into effect on Sept. 10. 

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chiekashi16-us-capitol-dome-american-flag-on-clear-blue-day.jpg
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Radiologists speak during Capitol Hill briefing on key breast imaging legislation

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chiekashi16-us-capitol-dome-american-flag-on-clear-blue-day.jpg
U.S. Rep. Rosa DeLauro, D-Conn., convened the hearing a day before new FDA breast density notification requirements were set to go into effect on Sept. 10. 
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CT scans highlight impact of semaglutide on body composition

Body composition metrics derived from CT scans provide greater insight into how losing weight affects the body from a cardiometabolic perspective.

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Semaglutide (Wegovy) injector pen. Photo by Dave Fornell
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CT scans highlight impact of semaglutide on body composition

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Semaglutide (Wegovy) injector pen. Photo by Dave Fornell
Body composition metrics derived from CT scans provide greater insight into how losing weight affects the body from a cardiometabolic perspective.
READ MORE >
 

GKSD and World Economic Forum establish a collaborative partnership to transform the landscape of equitable healthcare globally

Italy-based GKSD Investment Holding and the World Economic Forum signed a partnership in Geneva to enhance global health and well-being.  
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